Beijing High Court rejects Thai Red Bull and Inte Bio application for chinese Red Bull liquidation case

China Red Bull issued a notice on the evening of January 5, 2020, saying that the Beijing Higher People's Court (2019) Beijing Qing final 4 "Civil Ruling" rejected the Thai side (Thai Red Bull and Inte Bio) application in the case of China's Red Bull liquidation, and upheld the Beijing No1 Intermediate People's Court (2019) Beijing 01 Qingshen 3 inadmissibility of the civil rulingThis ruling is finalChina Red Bull said in a statement that the judiciary through rigorous legal procedures and comprehensive evidence, confirmed the company's legal existence of the benchmark facts, within the period of reasonable change of the legal license, all its production and operation rights are protected in accordance with the lawthe ruling, which led to the compulsory liquidation of Red Bull in China by Thai Tiansi, which allowed the normal production and operation order and system of China's Red Bull to continue to operateRed Bull trademark rights and interests competition and disputes since 2014, China and Thailand friction, in 2016 the conflict between the two sides escalated and filed a lawsuit to the public, the two sides around the joint venture period, trademarks, equity, bankruptcy liquidation and other mutual litigation of more than 20 casesWith the expiration of the period of registration and operation of China's Red Bull business license, a fierce public opinion battle broke out on both sidesChina's Red Bull filed an application for a change of business license with the relevant authorities, saying that the legal basis for the two sides cooperation period is "50 years", Thailand's Tianfi tried to force China Red Bull in a short period of time to liquidate, and find a different partnerOn October 15, 2018, Thailand's Red Bull and Inte Bio filed legal proceedings with the Beijing No1 Intermediate People's Court for the compulsory liquidation of China's Red BullBut Thai Red Bull, one of the main initiators of the liquidation, is still expressing the Xu family's unilateral will, because of the long-standing disagreement between China's Red Bull's actual operator Huabin Group and chairman Yan Bin and the Xu family over the actual control and equity of Thai Red BullHuabin, the relevant person in charge of the media, as Huabin Group with its own funds and manpower to operate the Red Bull brand cost and risk compensation, Thailand's Tiansi promised to give Red Bull in China for at least 50 years of exclusive operation of Red Bull beverage rightsThailand's Huabin, a company set up by Huabin Group in Thailand, is also claiming through litigation that he is the actual shareholder and investor of China's Red Bull, which is only a nominal shareholderThe hearing on shareholder status has so far been inconclusiveMay 2019, the Beijing No1 Intermediate People's Court ruled against the application, and the Thai side subsequently appealed, until recently the Beijing High Court dismissed its applicationsome members of the legal profession pointed out that when the applicant filed a request for liquidation, its subject qualification was controversial from a judicial point of view, that is, without the confirmation of the effective court decision, the applicant's shareholder status could not be confirmed, so the applicant's application for compulsory liquidation would not be supported by the courtThai Tiansi has repeatedly told the media that he has spent years negotiating with MrYan, but has not been able to reach a consensus on long-standing problemsOn the contrary, Yan Bin has publicly described the nature of Thai Tiansilk as "speculation in China, 'picking peaches' to steal profits" in 2018in short, the trademark right is still the core of the Red Bull controversy, but in recent years, it is not difficult to see that when labor has added value to the brand, workers should naturally enjoy the benefits and rights of the added value, but also should be protected by lawat the same time, combined with the number of lawsuits between the two sides as many as 20, the Red Bull battle will be a protracted war of attrition, we will wait and see how the follow-up will gothe following is the full text of the announcement:Source: CCTV News